Fonix Mobile (LON:FNX) Releases Quarterly Earnings Results

Fonix Mobile (LON:FNX) announced its quarterly earnings data on Tuesday. The company reported GBX 6.20 ($0.08) earnings per share for the quarter, Digital Look Earnings reports. Fonix Mobile had a return on equity of 101.42% and a net margin of 14.03%.

Fonix Mobile Price Performance

Fonix Mobile stock traded down GBX 6 ($0.08) on Thursday, reaching GBX 177 ($2.30). The company’s stock had a trading volume of 284,830 shares, compared to its average volume of 129,620. The company has a market cap of £175.20 million, a price-to-earnings ratio of 16.40 and a beta of 0.67. Fonix Mobile has a twelve month low of GBX 175 ($2.28) and a twelve month high of GBX 270 ($3.51). The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.16 and a current ratio of 1.17. The business’s fifty day moving average price is GBX 215.19 and its 200 day moving average price is GBX 223.49.

Fonix Mobile Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 27th will be paid a GBX 2.90 ($0.04) dividend. This represents a yield of 1.59%. The ex-dividend date is Thursday, March 27th. Fonix Mobile’s dividend payout ratio is currently 64.86%.

Fonix Mobile Company Profile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.